LEGAL DUPLEX ON A SPACIOUS CORNER LOT WITH ESTABLISHED INCOME & FURTHER INVESTMENT POTENTIAL! There is something exciting about a property that gives you options, and this legal duplex offers plenty of them. Set on a spacious corner lot surrounded by mature trees and generous green space, this brick raised bungalow features two separate living spaces, with a 3-bedroom, 1-bathroom main-floor unit and a 2-bedroom, 1-bathroom basement apartment with a separate entrance, each with its own kitchen. Whether you're looking to create a comfortable home for extended family, generate rental income, or build an investment with room to grow, the flexible layout makes it easy to envision what comes next. Reliable tenants are currently in place in both units, providing established monthly income, while six parking spaces, including an oversized single car garage and four driveway spaces, add everyday convenience and flexibility. The generous lot may also offer potential for a future garden suite, subject to applicable requirements and approvals from the City of Barrie, giving buyers another opportunity to explore the property's possibilities over time. Located in Barrie's City Centre neighbourhood, this property puts downtown, shopping, schools, services, entertainment, restaurants, and everyday amenities within easy reach, offering the convenience of an established community while leaving plenty of room to shape the future. Whether your vision is rooted in family, investment, or simply having more options at your fingertips, this is a property that gives you the space and flexibility to make it your own.
Address
3 Blue Mound Drive
List Price
$725,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
Bungalow-Raised
Transaction Type
Sale
Area
Barrie
Sub-Area
Wellington
Region
Simcoe
Bedrooms
3 + 2
Bedrooms (Total)
5
Rooms Above Grade
6
Rooms Below Grade
2
Bathrooms
2
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
60.01
Lot Shape
Irregular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
110.01
Parcel Number
588270020
Occupant Type
Tenant
Cross Street
Grove St E/Blue Mound Dr
Approx. Age
51 - 99 Years
MLS® Number
S13760458
Listing Brokerage
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Basement Area
Finished, Separate Entrance
Postal Code
L4M 4B1
Posession Details
Flexible
Parking
Private Double
Parking Places (Total)
5
Parking Spaces
4
Tax Amount
$4,588.20
Tax Year
2025
Site Influences
Hospital, Park, Place Of Worship, Privacy, Public Transit, Rec./Commun.Centre, School, Year Round Living
Accessibility Features
Multiple Entrances
Exterior Features
Privacy, Year Round Living
Interior Features
In-Law Suite, Primary Bedroom - Main Floor, Water Heater
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
East
Fireplace
Yes
Fireplace Features
Rec Room
Foundation Details
Concrete
Garage
Yes
Garage Type
Attached
Covered Spaces
1
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Metal
Tax Legal Description
LT 27, PL 1455 ; BARRIE
Topography
Level
Waterfront
No
Access To Property
Paved Road, Year Round Municipal Road
Sewer
Sewer